The country's exports contracted for the fifth month in a row by 1.8 per cent in December 2019 to USD 27.36 billion, according to data released by the commerce ministry on Wedn𓆏esday.
Imports too declined by 8.83 per☂ cent to USD 38.61 billion, bringing down the trade deficit to USD 11.25 billion dur𒅌ing the month under review.
The trade deficit d🥂🌼uring December 2018 was USD 14.49 billion.
Oil impꦯorts contracted by 0.83 per cent to USD 10.69 billion, while gold imp🧜orts dipped by about 4 per cent to USD 2.46 billion.
During April-December 2019-20, exports slipped 1.96 per cent to 🧜USD 239.29 billion, imports declined by 8.9 per cent to USD 357.39 billion, leaving a trade deficit of USD 1♏18.10 billion.
